Houston Rockets Becomes First NBA Team to Sue Insurer Over Denied Covid-19 Claims July 16, 2020 By Jef Feeley and Katherine Chiglinsky The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid...
Warning of ‘Trivial’ Suits, Judge Dismisses Cruise Passengers’ COVID-19 Claims July 16, 2020 By Tom Hals A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by their fear...
Next Showdown in Congress: Protecting Workers vs. Protecting Employers in Pandemic July 14, 2020 By Christina Jewett, Kaiser Health News and Melissa Bailey, Kaiser Health News Congressional leaders are squaring off over the next pandemic relief bill in a debate over whom Congress should step up...
Second Wave of Coronavirus Lockdowns Could Weaken Insurers’ Capital Buffers: S&P July 14, 2020 Global insurers have proven resilient during the first wave of the COVID-19 pandemic, as their capital strength has helped stave...
Some Churches, Officials Struggle to Balance Right to Worship with Coronavirus Risk July 13, 2020 By David Crary Crowded bars and house parties have been identified as culprits in spreading the coronavirus. Meat packing plants, prisons and nursing...
P/C Insurance Survey: 55% Back Worker Presumption; 54% See Interrupt Cases Failing July 13, 2020 A slight majority (54%) of property /casualty insurance industry professionals think insurers will succeed in defeating legal and political attempts...
Essential Workers With COVID-19 Face Workers’ Compensation Uncertainty July 13, 2020 By Ricardo Alonso-Zaldivar Lauded for their service and hailed as everyday heroes, essential workers who get the coronavirus on the job have no...
It Took Coronavirus Pandemic to Settle Bayer’s Roundup Suits: Viewpoint July 10, 2020 By Joe Nocera, Bloomberg Opinion In late June, Bayer AG agreed to pay $9.5 billion to settle about 100,000 lawsuits that accused Roundup, the popular...
Coronavirus Crisis Heightens Insurers’ Caution About Senior Care Market July 10, 2020 By Suzanne Barlyn The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard...
Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers July 9, 2020 By Susanne Sclafane A U.S. lawmaker has introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and...